Labour market will take ‘years to recover’

THE labour market will take “years to recover” and the Government will have to do much more if it is to tackle the crisis, an advisory group to the Taoiseach has warned.

In a report which was published yesterday, the National Economic and Social Council said it was clear that the response to the crisis since it erupted in 2008 has been “wholly insufficient”.

As a result, even though the Fine Gael/Labour coalition has taken action, “further, more bold and imaginative responses must still be undertaken”.